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if these rules are actually implemented, Silicon Valley will cease to be Silicon Valley.
by massappeal 12y ago
if these rules are actually implemented, Silicon Valley will cease to be Silicon Valley.
- webXL 12y agoNot sure how that's possible exactly, but some might argue that's not such a bad thing, WRT to leveling the playing field a bit and avoiding investment bubbles. People argued that Detroit would cease to exist if the government did x, y or z, but I think technology and competition had more to do with its downfall.
- massappeal 12y agoAnd arguably Detroit did cease to exist. The auto industry that was based there is much more dispersed. The same thing would happen to Silicon Valley. Capital will be focused in markets where new companies can reach consumers fairly, leaving the US bereft of an innovative digital economy.